Worldwide Cryptocurrency and Blockchain Market Growth at CAGR of 35.2% – Drivers, Opportunities, Trends, and … – Business Wire (press release)


DUBLIN–()–Research and Markets has announced the addition of the “Worldwide
Cryptocurrency and Blockchain Market (2016-2022)”
report to
their offering.

The Crypto-Currency And Blockchain Technology Market to Grow at a CAGR
of 35.2% During the Forecast Period 2016-2022 to Aggregate $42.16
Billion By 2022

India is set to be the most attractive destination and in Africa, the
popularity and the usage of various crypto-currencies are expected to
increase in the coming years. The MEA market revenue is expected to
reach $3.02 billion by 2022. The major countries covered in this report
are the US, Canada, Argentina, the UK, Germany, Italy, France, Poland,
China, Japan, Singapore, Vietnam, GCC Countries, Africa and Others.

The major verticals covered are BFSI, retail, media & entertainment,
gaming industry, healthcare, travel & tourism, transportation &
logistics and education. Globally, the industry players are showing
interest towards the blockchain and crypto-currency acceptance and
making a partnership and discussing with value chain players in order to
understand the benefits of blockchain technology. Additionally, few of
the verticals have already started the acceptance of crypto-currencies
(e.g. Bitcoin) as a payment option. Especially, the retail industry is
set to be the leading vertical after BFSI for the crypto-currencies
acceptance and the retail market revenue is expected to reach $10,447.2
million by 2022.

In the current market scenario, the crypto-currency and blockchain
technology market is at a nascent stage. But, a lot of new players are
entering the market as it holds huge business opportunities. Especially,
new start-ups are coming with new products/services in the market and
they are expecting to see a double-digit growth in the upcoming years.
In this space, venture funding in this market is expected to grow and
collaborations, merger & acquisition activities are expected to continue.

Key Players:

Zebpay, Coinsecure, Coinbase, Bitstamp Ltd., Litecoin, Poloniex Inc.,
Bitfury Group Limited, Unocoin, Ripple, Bitfinex, Global Area Holding
Inc., BTL Group Ltd., Digital Limited, IBM Corp., Microsoft Corp. and
other predominate and niche players.

Key Topics Covered:

1 Industry Outlook

2 Report Outline

3 Market Snapshot

4 Market Outlook

5 Market Characteristics

6 Crypto-currency: Outlook

7 Verticals: Market Size and Analysis

8 Regions: Market Size and Analysis

9 Vendor Profiles

10 Global Generalist

11 Competitive Landscape

12 Expert’s Views

For more information about this report visit http://www.researchandmarkets.com/research/lsv96l/worldwide



Source link